|Announced the endorsement guarantee over-limit improvement plan|
1.Date of occurrence of the event:2021/11/05
2.Company name:Manumech Corporation
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiary
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
(1)On the Financial Supervision and Administration Commission's letter of No.11003581391 dated September 11,2021.
(2)Because Manumech Corporation's net worth declined, the endorsement guarantee exceeded the limit.
Manumech cancelled the guarantee of NTD10 million by Board of Directors on October 28,2021 and completed improvement.
7.Any other matters that need to be specified: The implementation status will be reported at the next shareholders meeting.